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If we don't use Contra Book, instead which book is to be
operated CASH BOOK or BANK BANK for:
e.g.Cash withdrawl from Bank or Cash deposited in Bank
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What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
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